GMO Global Equity Allocation Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.7%
1 yr return
19.5%
3 Yr Avg Return
2.1%
5 Yr Avg Return
N/A
Net Assets
$723 M
Holdings in Top 10
94.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.69%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 20.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GAAUX - Profile
Distributions
- YTD Total Return 3.7%
- 3 Yr Annualized Total Return 2.1%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.67%
- Dividend Yield 9.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameGMO Global Equity Allocation Fund
-
Fund Family NameGMO Mutual Funds
-
Inception DateAug 17, 2020
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBen Inker
Fund Description
GAAUX - Performance
Return Ranking - Trailing
Period | GAAUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.7% | -35.6% | 29.2% | 12.30% |
1 Yr | 19.5% | 17.3% | 252.4% | 41.70% |
3 Yr | 2.1%* | -3.5% | 34.6% | 70.32% |
5 Yr | N/A* | 0.1% | 32.7% | 59.46% |
10 Yr | N/A* | -6.9% | 18.3% | 71.06% |
* Annualized
Return Ranking - Calendar
Period | GAAUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.6% | -24.3% | 957.1% | N/A |
2022 | -23.2% | -38.3% | 47.1% | N/A |
2021 | 6.7% | -54.2% | 0.6% | N/A |
2020 | N/A | -76.0% | 54.1% | N/A |
2019 | N/A | -26.1% | 47.8% | N/A |
Total Return Ranking - Trailing
Period | GAAUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.7% | -35.6% | 29.2% | 12.30% |
1 Yr | 19.5% | 11.4% | 252.4% | 37.84% |
3 Yr | 2.1%* | -3.5% | 34.6% | 67.88% |
5 Yr | N/A* | 0.1% | 32.7% | 57.99% |
10 Yr | N/A* | -6.9% | 18.3% | 69.57% |
* Annualized
Total Return Ranking - Calendar
Period | GAAUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.1% | -24.3% | 957.1% | N/A |
2022 | -17.1% | -33.1% | 47.1% | N/A |
2021 | 14.8% | -44.4% | 1.8% | N/A |
2020 | N/A | -6.5% | 54.1% | N/A |
2019 | N/A | -14.4% | 47.8% | N/A |
NAV & Total Return History
GAAUX - Holdings
Concentration Analysis
GAAUX | Category Low | Category High | GAAUX % Rank | |
---|---|---|---|---|
Net Assets | 723 M | 199 K | 133 B | 21.60% |
Number of Holdings | 13 | 1 | 9075 | 94.93% |
Net Assets in Top 10 | 585 M | -18 M | 37.6 B | 14.21% |
Weighting of Top 10 | 94.06% | 9.1% | 100.0% | 0.34% |
Top 10 Holdings
- GMO International Equity Fund 20.09%
- GMO Quality Fund 12.05%
- GMO US Opportunistic Value Fund 11.96%
- GMO Emerging Markets Fund 11.03%
- GMO Emerging Markets ex-China Fund 10.08%
- GMO International Opportunistic Value Fund 9.92%
- GMO Quality Cyclicals Fund 5.05%
- GMO US Equity Fund 5.01%
- GMO Small Cap Quality Fund 4.89%
- GMO-Usonian Japan Value Creation Fund 3.96%
Asset Allocation
Weighting | Return Low | Return High | GAAUX % Rank | |
---|---|---|---|---|
Stocks | 99.97% | 61.84% | 125.47% | 91.08% |
Cash | 0.04% | -174.70% | 23.12% | 72.69% |
Preferred Stocks | 0.00% | -0.01% | 5.28% | 4.41% |
Other | 0.00% | -13.98% | 19.14% | 1.87% |
Convertible Bonds | 0.00% | 0.00% | 4.46% | 34.91% |
Bonds | 0.00% | -1.50% | 161.67% | 1.76% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GAAUX % Rank | |
---|---|---|---|---|
Financial Services | 17.65% | 0.00% | 38.42% | 32.38% |
Technology | 15.97% | 0.00% | 49.87% | 68.94% |
Consumer Cyclical | 15.12% | 0.00% | 40.94% | 25.88% |
Industrials | 14.37% | 0.00% | 44.06% | 53.41% |
Healthcare | 10.55% | 0.00% | 35.42% | 78.52% |
Consumer Defense | 8.35% | 0.00% | 73.28% | 38.99% |
Basic Materials | 7.60% | 0.00% | 38.60% | 11.12% |
Communication Services | 6.07% | 0.00% | 57.66% | 78.74% |
Energy | 1.90% | 0.00% | 21.15% | 25.11% |
Real Estate | 1.61% | 0.00% | 39.48% | 34.25% |
Utilities | 0.81% | 0.00% | 29.12% | 31.83% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GAAUX % Rank | |
---|---|---|---|---|
US | 99.97% | 0.13% | 103.82% | 96.48% |
Non US | 0.00% | 0.58% | 99.46% | 5.51% |
GAAUX - Expenses
Operational Fees
GAAUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.69% | 0.01% | 44.27% | N/A |
Management Fee | 0.00% | 0.00% | 1.82% | 1.31% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.76% | N/A |
Sales Fees
GAAUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
GAAUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
GAAUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 20.00% | 0.00% | 395.00% | 19.27% |
GAAUX - Distributions
Dividend Yield Analysis
GAAUX | Category Low | Category High | GAAUX % Rank | |
---|---|---|---|---|
Dividend Yield | 9.04% | 0.00% | 3.26% | 0.22% |
Dividend Distribution Analysis
GAAUX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annually | Annually | Annually |
Net Income Ratio Analysis
GAAUX | Category Low | Category High | GAAUX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.67% | -4.27% | 12.65% | N/A |
Capital Gain Distribution Analysis
GAAUX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $1.275 | OrdinaryDividend |
Jul 14, 2023 | $0.231 | OrdinaryDividend |
Dec 29, 2022 | $0.960 | OrdinaryDividend |
Jul 15, 2022 | $0.849 | OrdinaryDividend |
Dec 29, 2020 | $1.044 | OrdinaryDividend |
GAAUX - Fund Manager Analysis
Managers
Ben Inker
Start Date
Tenure
Tenure Rank
Nov 26, 1996
25.53
25.5%
Mr. Inker, Co-Heads of the Division, is the director of asset allocation. Mr. Inker has been responsible for overseeing the portfolio management of GMO's asset allocation portfolios since 1996. Mr. Inker joined Grantham, Mayo, Van Otterloo & Co. LLC in 1992 following the completion of his B.A. in Economics from Yale University. He is a CFA charterholder.
John Thorndike
Start Date
Tenure
Tenure Rank
Jun 30, 2019
2.92
2.9%
John Thorndike joined TAS in 2004. Prior to joining TAS, Mr. Thorndike was an analyst in the investment office of Bowdoin College.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 35.82 | 6.24 | 1.25 |